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1.
Abstract Social tolerance enables heterogeneous persons to find harmony in their differences. This has been shown to reduce the likelihood of inter- and intra-group conflicts, thereby creating an environment conducive for economic and social development. This paper examines socio-economic factors that influence individual differences in social tolerance in Latin America and the Caribbean. Being mindful of the fact that there are socio-cultural differences between Latin America and the Caribbean, five dimensions of social tolerance are investigated: tolerance for racial and religious dissimilarity, homosexuals, AIDS victims and immigrants. Using the 2005 World Values Survey data, we simultaneously estimate tolerance towards these groups using multivariate probit models. Education is found to positively and significantly enhance all five dimensions of social tolerance, suggesting that policies meant to enhance social tolerance should be directed towards improving educational systems. Overall, the analysis underscores heterogeneity of factors affecting self-declared tolerance of the selected social groups. Thus, analyses of social tolerance and ensuing policies should be developed specific to a particular dimension of tolerance. 相似文献
2.
This article investigates the effect of remittances on U.S. foreign direct investment (FDI) flows to Latin America and the Caribbean (LAC). It covers 26 countries for the period 1983–2010. The results show a positive and significant impact of remittances on U.S. FDI flows. However, this effect depends upon the level of gross domestic product (GDP) per capita of the host country. On average, the results show that increasing remittances by one standard deviation increases U.S. FDI flows by 0.44 percent a year. Also, host country demand positively affects U.S. FDI flows, which supports the market size hypothesis. 相似文献